WT Asset Management Ltd Buys Shares of 1,166,919 Intel Corporation $INTC

WT Asset Management Ltd bought a new position in shares of Intel Corporation (NASDAQ:INTC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,166,919 shares of the chip maker’s stock, valued at approximately $162,937,000. Intel makes up 3.2% of WT Asset Management Ltd’s holdings, making the stock its 12th biggest position.

Several other institutional investors have also modified their holdings of INTC. Southern Financial Group LLC grew its position in shares of Intel by 0.6% during the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock worth $632,000 after buying an additional 90 shares in the last quarter. Harrell Investment Partners LLC increased its holdings in shares of Intel by 0.4% in the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock valued at $3,250,000 after acquiring an additional 100 shares during the last quarter. TFR Capital LLC. increased its holdings in shares of Intel by 0.4% in the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock valued at $3,720,000 after acquiring an additional 100 shares during the last quarter. Wynn Capital LLC raised its position in shares of Intel by 0.4% during the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock worth $3,793,000 after acquiring an additional 104 shares in the last quarter. Finally, Bell Investment Advisors Inc lifted its stake in Intel by 4.3% during the second quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker’s stock worth $404,000 after purchasing an additional 119 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Insider Buying and Selling

In other news, CEO Lip Bu Tan bought 105,263 shares of Intel stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.05% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Strong Nvidia results lifted the sector. Nvidia’s blowout quarter and projection for roughly 70% revenue growth in fiscal 2028 reinforced that AI demand remains far above available supply. Investors bid up related semiconductor names, including Intel, as CPUs and other infrastructure components are expected to benefit from expanded AI deployments. Why Is Intel Stock Surging on Thursday?
• Positive Sentiment: Potential U.S. chip tariffs increased Intel’s strategic appeal. Reports of broad tariffs on imported chips encouraged speculation that Intel, as a U.S.-based manufacturer and foundry candidate, could receive additional policy support or gain a competitive advantage. Why Is Intel Stock Surging on Thursday?
• Positive Sentiment: An Advantech connection highlighted Intel’s AI infrastructure ambitions. The relationship points to potential progress placing Intel chips and platforms into AI infrastructure and edge-computing applications, though financial details were not provided. Intel Stock Gains with New Advantech Connection
• Positive Sentiment: Congressional buying added bullish publicity. Nancy Pelosi reportedly purchased Intel shares and call options, potentially attracting momentum-oriented investors, although the transaction does not change Intel’s fundamentals. Nancy Pelosi Buys Intel
• Neutral Sentiment: Intel’s first-half operating cash flow rose sharply to $8.1 billion, but heavy capital spending continues to pressure free cash flow. Intel Sees Strong Cash Flow Growth
• Negative Sentiment: Analyst warnings about intense competition and uncertainty surrounding Intel’s turnaround remain a risk. The company’s previously reported roughly $20 billion equity offering also creates dilution concerns and helps explain the stock’s wide valuation swings. Simon Leopold Offers Warning

Analyst Upgrades and Downgrades

INTC has been the topic of a number of research analyst reports. Tigress Financial raised their price objective on shares of Intel from $66.00 to $118.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Moffett Nathanson downgraded shares of Intel to a “neutral” rating in a research note on Thursday, June 11th. HC Wainwright set a $150.00 price objective on Intel in a report on Monday, June 29th. Roth Capital boosted their target price on Intel from $100.00 to $120.00 and gave the company a “buy” rating in a report on Friday, July 24th. Finally, New Street Research raised their price target on Intel from $100.00 to $122.00 in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Intel presently has an average rating of “Hold” and a consensus price target of $107.46.

Intel Stock Up 4.4%

Intel stock opened at $92.09 on Friday. The stock has a 50 day moving average of $105.53 and a two-hundred day moving average of $86.37. Intel Corporation has a twelve month low of $23.68 and a twelve month high of $142.35. The stock has a market capitalization of $464.50 billion, a price-to-earnings ratio of -43.64 and a beta of 2.22. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the previous year, the company posted ($0.10) earnings per share. The company’s revenue for the quarter was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, research analysts expect that Intel Corporation will post 1 earnings per share for the current year.

Intel Profile

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.